Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Norway
LFHUTTMANOM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93,000.00
Year-over-Year Change
40.91%
Date Range
1/1/1989 - 6/1/2025
Summary
This data series tracks the monthly unemployment rate for men aged 15 and over in Norway. It is a key indicator of labor market conditions and economic performance in the country.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Monthly Unemployment Male: 15 Years or over for Norway metric represents the share of the Norwegian male labor force aged 15 and above that is unemployed each month. It is a closely watched economic indicator used by policymakers, analysts, and economists to assess the strength of the Norwegian job market.
Methodology
The data is collected through national labor force surveys conducted by Statistics Norway.
Historical Context
This unemployment metric informs monetary and fiscal policy decisions in Norway.
Key Facts
- Norway's male unemployment rate averaged 3.5% from 2010-2020.
- The unemployment rate for Norwegian men peaked at 5.1% in 2020 due to the COVID-19 pandemic.
- Norway consistently has one of the lowest male unemployment rates among OECD countries.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the monthly unemployment rate for men aged 15 and over in Norway. It is a key indicator of labor market conditions in the country.
Q: Why is this trend relevant for users or analysts?
A: The male unemployment rate is a closely watched economic indicator used by policymakers, analysts, and economists to assess the strength of the Norwegian job market.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Statistics Norway.
Q: How is this trend used in economic policy?
A: This unemployment metric informs monetary and fiscal policy decisions in Norway.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into the Norwegian labor market.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Monthly Unemployment Male: 15 Years or over for Norway (LFHUTTMANOM647S), retrieved from FRED.